The double-edged sword called pre-IPO investments

The double-edged sword called pre-IPO investments

While the Indian stock indices have climbed closer to their lifetime highs, the IPO market still hasn’t gained the same tailwinds. The reasons are two-fold: the focus on profitability has become key criterion investors now seek for new-age start-ups looking to get listed. Secondly, due to reducing liquidity scenarios, public markets have started to give … Read more

Bank of America expects Indian IPO market to pick up within six months

Bank of America expects Indian IPO market to pick up within six months

Bank of America Corp. expects initial public offerings in India will regain their recent momentum as soon as in the first quarter of next year, bolstered by the underlying strength of the market. “I think IPOs have taken a breather but it will be probably three to six months away from coming back,” Debasish Purohit, … Read more